GBP Trading Outlook (15-10-2010)

The Japanese Yen (JPY) set fresh 15 yeah highs against the USD, breaking the currency out of its tight range seen the previous day. Ignited by the Singapore Central Bank, the Japanese Yen found large demand on a knock on effect. The USDJPY traded at a low of 80.88 and a high of 81.84 before closing the day at 81.42.

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